This is a high-quality company with durable competitive advantages. With an exciting upcoming spin-off, a yield more than twice as high as the S&P 500, a modest payout ratio, strong dividend growth, and the potential that shares are 6% undervalued, this looks like a relatively attractive stock in an otherwise elevated market.
Here’s my best piece of advice.
Buy a stock for less than it’s worth — like this one — and you could potentially collect “free” upside.
It boasts a market-beating yield, double-digit dividend growth, a very low payout ratio, and almost 30 consecutive years of dividend raises. On top of that, shares are potentially 11% undervalued making this a name that dividend growth investors should carefully consider right now.
Personally, I believe dividend growth investing is one of the most phenomenal and straightforward strategies out there. Whatever you choose, you need to find one that best suits you and start today.
With a market-smashing 5.5% yield, nine consecutive years of big dividend raises, and the potential that shares are 13% undervalued, this stock should be on every dividend growth investor’s radar right now.
I’ve witnessed a phenomenon, where people are using the term “passive income” in an aggressive and promotional manner. One might call it “click bait”. While the definition of “passive” will vary from person to person, and while I believe there are degrees of passivity, I think there’s one source of passive income in particular that hits the “sweet spot” for both a high degree of passivity and the ability to grow over time…
The company practically prints money.
They tend to do very, very well over time.
With a market-smashing 5.7% yield, a decade of big dividend raises, a modest payout ratio, and the potential that shares are 24% undervalued, dividend growth investors should seriously consider this stock right now.
